Tax-exempt groups must file with IRS by Oct. 15.
Small, tax-exempt organizations that have not filed an annual return with the IRS for the past three years are at risk of losing their status if they don’t file before Oct. 15.
September 3, 2010
Tax incentives save businesses $236 million
Business & Occupation and sales tax incentives reduced state and local tax revenue by $236 million, according to the the Department of Revenue’s annual “Descriptive Statistics for Tax Incentives” report.Of this amount, $109.8 million is the sales tax deferral/exemption for high technology firms, $80.7 million stems from deferral/exemptions taken by rural manufacturers, and $23.8 million involves
Tax Relief: President George W. Bush’s Tax Cuts Should Continue, Says President Obama
Tax relief talk is up in the air, as the looming debate in Congress over whether to continue income tax cuts for the wealthy continues. President Barack Obama proposes that the tax cuts enacted in 2001 and 2003 under President George W. Bush should continue for all but the wealthiest Americans, namely couples making more than $250,000 or individuals who earn more than $200,000. This is to be
Tax Cuts: Dilemma for Democrats, Investors
As the Obama administration weighs new business-tax cuts to help the economy, some analysts say businesses and investors should be on guard.
Australian tax office lifts ‘Crocodile Dundee’ travel ban
Australian tax officials lifted a controversial travel ban on “Crocodile Dundee” star Paul Hogan on Friday, leaving him free to return to his home in the United States, his lawyer said.
